Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Crossroads (-60) - EURSLL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURSLL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSLL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSLL
The long-term trend has been UP since Mar 9th, 2020 at 10921.76
The intermediate-term trend has been DOWN since May 17th, 2020 at 10543.22
The short-term trend has been DOWN since May 17th, 2020 at 10596.69
Smart Scan Analysis for EURSLL
Based on our trend formula, EURSLL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).